Jason
chasing a bee
Tags: JoWood Productions
<p><a href="http://www.rpgwatch.com/forums/showthread.php?t=13236" target="_blank">According to RPG Watch</a> and their German sources, <strong>JoWood</strong> is no more.</p>
<ul>
<li>Negotiations with possible investors, and with them the intended restructuring plan, have failed.</li>
<li>JoWooD pulls back the application to pursue a restructuring plan.</li>
<li>Thereby the insolvency with a planned restructuring becomes an insolvency without a positive continuation prognosis.</li>
<li>This means the liquidation proceedings will start shortly.</li>
<li>The daughter company JoWooD Distribution Services GmbH files for insolvency on April 21st 2011.</li>
<li>Trading of the JoWooD shares at the Vienna Stock Exchange has been suspended.</li>
</ul>
<p>I'd ask our resident Germans to look into this further, but they're either too busy gloating or on "eastern vacation" (which is likely a euphemism for something hideous even by German standards).</p>
<p> </p>
<p><em>Thanks to Metro for pointing this out</em> </p>
<p> </p>
<p>Spotted at: <a href="http://www.rpgwatch.com/">RPG Watch</a></p>
<p><a href="http://www.rpgwatch.com/forums/showthread.php?t=13236" target="_blank">According to RPG Watch</a> and their German sources, <strong>JoWood</strong> is no more.</p>
<ul>
<li>Negotiations with possible investors, and with them the intended restructuring plan, have failed.</li>
<li>JoWooD pulls back the application to pursue a restructuring plan.</li>
<li>Thereby the insolvency with a planned restructuring becomes an insolvency without a positive continuation prognosis.</li>
<li>This means the liquidation proceedings will start shortly.</li>
<li>The daughter company JoWooD Distribution Services GmbH files for insolvency on April 21st 2011.</li>
<li>Trading of the JoWooD shares at the Vienna Stock Exchange has been suspended.</li>
</ul>
<p>I'd ask our resident Germans to look into this further, but they're either too busy gloating or on "eastern vacation" (which is likely a euphemism for something hideous even by German standards).</p>
<p> </p>
<p><em>Thanks to Metro for pointing this out</em> </p>
<p> </p>
<p>Spotted at: <a href="http://www.rpgwatch.com/">RPG Watch</a></p>